Prudential (PRU) Shares Down 0%

Prudential plc (LON:PRU)’s share price was down 0% on Monday . The stock traded as low as GBX 1,957 ($26.54) and last traded at GBX 1,958 ($26.55). Approximately 3,066,945 shares traded hands during trading, a decline of 9% from the average daily volume of 3,380,000 shares. The stock had previously closed at GBX 1,958 ($26.55).

Several equities analysts have recently weighed in on PRU shares. Deutsche Bank reaffirmed a “buy” rating and set a GBX 2,000 ($27.12) target price on shares of Prudential in a report on Thursday, October 5th. Citigroup reissued a “buy” rating and issued a GBX 2,109 ($28.60) price target on shares of Prudential in a research note on Thursday, November 2nd. Shore Capital reissued a “buy” rating on shares of Prudential in a research note on Thursday, November 16th. Goldman Sachs Group set a GBX 2,040 ($27.66) price target on shares of Prudential and gave the company a “buy” rating in a research note on Wednesday, November 15th. Finally, UBS Group set a GBX 2,200 ($29.83) price target on shares of Prudential and gave the company a “buy” rating in a research note on Friday, November 17th. Five investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 2,033.21 ($27.57).

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The company has a market cap of $50,660.00 and a P/E ratio of 1,829.91.

In other news, insider David J. A. Law purchased 2,162 shares of the stock in a transaction dated Friday, December 1st. The shares were purchased at an average price of GBX 1,837 ($24.91) per share, with a total value of £39,715.94 ($53,859.43). Also, insider Anne Richards purchased 21,408 shares of the stock in a transaction dated Monday, December 4th. The shares were purchased at an average cost of GBX 1,833 ($24.86) per share, for a total transaction of £392,408.64 ($532,151.67). In the last ninety days, insiders have acquired 23,600 shares of company stock worth $43,268,288.

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Prudential Company Profile

Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.